Is your glass half-empty when it comes to wellness programs? Maybe you think they’re a good idea, but haven’t gone out of your way to implement one. You may think, “Wellness programs aren’t that important.”
Think again. It’s time you fill that half-empty cup to the brim and make a toast to those wellness programs. Why? Because we have proof of their return on investment (ROI).
“Proof of ROI?” you ask…Yep. Thanks to Rich Meyer’s blog, “World of DTC Marketing” we would also like to share three examples that demonstrate the tangible results of wellness programs.
1. MD Anderson Cancer Center - Over $1.5 million was saved at the MD Anderson Cancer Center with the creation of a workers’ compensation and injury care unit within its employee health and well-being department. Results? Lost work days declined by 80% and modified-duty days decreased by 64% - all within 6 years! And workers’ comp insurance premiums declined by 50%.
2. Johnson & Johnson – Over $250 million was saved on health care costs for the past ten years at Johnson and Johnson. Their ROI was $2.71 for every dollar spent from 2002 – 2008. How did they do this? Through a culmination of strategically designed wellness programs which yielded dramatic results. Two-thirds of employees quit smoking and the number of employees who had high blood pressure or were physically inactive also declined by more than 50%.
3. SAS Institute – The SAS software company saved a total of $6.6 million in 2009 alone. For every dollar spent on its on-site health care center in 2009, it generated $1.41 in health plan savings. One should also know that the $6.6 million saved does not include the time and money saved from employees visiting on-site care, compared to half-days wasted to travel and see a doctor before.
We hope you enjoy these examples of wellness programs bringing success. If you’re still not sure you want to risk the investment, try ours! RememberItNow! is easy for you, easy for employers, and free for everyone!